IRS: Hurricane Debby relief expanded, check if you qualify for tax relief

Posted by Anderson August 25, 2024
IRS: Hurricane Debby relief expanded, check if you qualify for tax relief

Because of Hurricane Debby, three states may get tax breaks. Things are different now. The Internal Revenue Service (IRS) will help tax victims in Vermont, South Carolina, and some areas of Georgia, North Carolina, and Florida.

 

If you need more time to file your taxes or just make any payments that are due after a storm, that could be very helpful. You shouldn’t miss the new date, and if you need to, you should use it.

 

When is the new IRS deadline for Hurricane Debby tax relief?

That new due date is said to be early February by the Internal Revenue Service. People who live in the affected places now have until February 3, 2025, to pay their taxes and file their different tax returns.

 

People and businesses who were hurt by Hurricane Debby will have to meet this new limit. People in all 14 towns in Vermont will get tax breaks, which is the most important change.

 

This means that a lot of people in Vermont will be able to get tax breaks from the IRS. It turns out that Vermont is the fifth state that can get this tax break. It was already in other states. Now, look at the details:

  • Individuals, businesses, and tax-exempt organizations with a valid extension to file their 2023 federal return are covered.
  • The extension does not apply to payments on these returns, as they were due last spring before the hurricane.
  • Quarterly estimated income tax payments due on September 16, 2024, and January 15, 2025, are included.
  • Quarterly payroll and excise tax returns due on October 31, 2024, and January 31, 2025, are also included.
IRS: Hurricane Debby relief expanded, check if you qualify for tax relief
Source (Google.com)

How do I know if the IRS grants tax relief in my area after a natural disaster?

People who live in places named by FEMA always get tax breaks from the IRS. The Federal Emergency Management Agency is known as FEMA. You can check their official website to see if your County or the whole State gets tax breaks.

 

Just click on this link: https://www.fema.gov/. Remember that fema.gov is a website run by the US Government. Additionally, you will be able to ask for help there.

 

For instance, taxpayers can get Individual Assistance, which will help you get back on your feet if you apply. They are now telling us about Hurricane Debby in Florida. Check out all the information about the DR-4806-FL application.

 

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